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CSPAN Campaign 2020 Joe Biden In Conversation With Former President Obama July 12, 2024

President were the same room but seated at a distance. The video was produced and released on social Media Channels by mr. Bidens potential campaign. Office,we came into even before inauguration, we had seen a historic financial crisis. Out. Ponsibility had spread we had to move fast, in the first month to get the recovery act passed. We are in a situation where not only we have an economic crisis, we also have a Public Health crisis to boot. Tell me a little bit about how you are seeing the current economic crisis and how you are thinking about the economy. Vice President Biden there are three pieces i see. We have to sustain and keep people from going under forever. There are 10,000 businesses that are unlikely to open again. Number two, when they are able to come back, they are not only able to keep their folks employ ....

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CSPAN Campaign 2020 Joe Biden In Conversation With Former President Obama July 12, 2024

When we came into office, even before inauguration, we had seen a historic financial crisis, irresponsibility on wall street had spread out to main street prayed we had to move fast not just in 100 days we had to move in the first month to get the recovery act passed. We are now in a situation were not only driven economic crisis, we also have a Public Health crisis to boot. Tell me a little bit about how you are seeing the current economic crisis and how you are think about the economy right now. So well mr. President theres three pieces i see. One, weve got to sustain and keep people from going under forever. There are already 10000 businesses not likely to open up significant a number of Small Business and minority business number two, when they are able to come back they are not only able to keep their folks employed on the payroll, but they are able to cover overhead, cov ....

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CSPAN2 Campaign 2020 Joe Biden In Conversation With Former President Obama July 12, 2024

We are now in a situation where not only we have an economic crisis but also a Public Health crisis to boot. Tell me a little bit about how you are seeing the current economic crisis. We have got to sustain and keep people from going under forever, businesses are not likely to open a significant number. When they are able to come back, not only to keep folks employed on a payroll but able to cover overhead and additional expenses. The idea of opening without social distancing, masks and all these things cost a lot of money. And they should be able to have that to stay open for the good of the country but the next day, if they keep people afloat then we have to deal with recovery in the recovery is Building Back but not just Building Back, Building Back better. We have t ....

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CSPAN2 Campaign 2020 Joe Biden In Conversation With Former President Obama July 12, 2024

Employed on the payroll but theyre able to cover overhead, able to cover additional expenses. For example, the idea that you can open without social distancing, masks, tess and all these things, that cost a lot of money. Added cost. They should be able to have that added cost to be able to stay open for the good of the country. But the next stage of this is going to be if we are able, if the steamers can keep people afloat, then we have to deal with recovery. And the recovery is Building Back but not just folding back as you and talking about, Building Back better. We have to change the way in which we deal with allowing people an opportunity to make a living. That includes childcare, that includes making significant investments in infrastructure so people can make not just a living wage at a a union wage. Making sure we have, build up an entire new
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CSPAN2 Campaign 2020 Joe Biden In Conversation With Former President Obama July 12, 2024

Federal response to the coronavirus pandemic in a recent interview with former president barack obama. The conversation was produced and released on social media by the bite in president ial campaign. When we came into office, even before inauguration, we had seen a historic financial crisis, irresponsibility on wall street had spread out to main street prayed we had to move fast not just in 100 days we had to move in the first month to get the recovery act passed. We are now in a situation were not only driven economic crisis, we also have a Public Health crisis to boot. Tell me a little bit about how you are seeing the current economic crisis and how you are think about the economy right now. So well mr. President theres three pieces i see. One, weve got to sustain and keep people from going under forever. There are already 10000 businesses not likely to open up significant a number of
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